Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 14, 1961)
KRIODIC ,. J Don't let the calen dar make a slave -you, Betty! Just lake Midol with a glass of water . . . that's all. Midol tablets bring faster relief ..front menstrual pain-they relieve cramps, ease headache and chase the "blues." So get Midol today. m 0- Protect YOUR I 3EAC27SI VIOBIN Wheot Grm Oil Helps Heart Action Improves Strength Vigor PROVED 9 years 500 persons University Experiments REFUSE SUBSTITUTES only VioBin Oil PROVED helpful. Seas' NOW-VleSle Star llll Ink 15 ' -t IPKOMETOl Btol vioof toctOfl ITT concentrate Viown Oil. Samel I benefit, NO fat caloriei. VIOBIN MONTICfUO, IlllNOIS n i r liquid 1 Hcaeiulai PHOTO CREDITS ooe 2i Vktor Obsatx. Poses o, St Ewopeoa fictwe Samlet. ooei to, 17, Cari lakar. Poae. IS, l, Ms, Slack Star. ANYTHING! fill ORA-FIX holds dentures fast. ..all dayl 0KA Use Ora Denture Cleanser, tool Products by McKesson n strike!! borrow 60 to '600 entirely by mall BUDO 53. FINANCE CO. I Dept. SKS21, 114 S. 17th St.. J Omaha 2. Ntbr. Ami. Wanted Addreaa I City Sti I'pl OUT BILLS! ssawlsi 24 Miweta Pay onty for ime money usm Complete privacy He co-signers No agents call Leows for 09 psttpiie Mail coupon I free toan application No obligation. Occupation. Take D Win's Pill, 10 relieve such trouble, often caused by sluggish kidneys. De Win's niis increase mgney activity 10 nusn arid wattes from the system. The result is relief, blessed relief from backache, mild bladder irritations, restlessness at night, muscular 1 at. In. rt.UJ.ll'. A.,. J;.E. I mild analgesic relief, often means an active J me wnn irecoom irom pun. gfftnnG Between Fsstest RcHef For This Pslnfiri Foot Trouble This special liu and shape Dr. Scholl's Zinct pads for corns between toes stops pain almost instantly . . . speedily re moves them when used with the araemta Hindi- cotton included. 16 and 4S bona Sold everywhere. Toes NOWI MEDICATED WONDER LOTION Relieves 8 Major Skin Problems Fast With Effect of a Local Anesthetic! V ECZEMA-MKI RASHES DETERGENT HANDS V INSECT BITES V SUNBURN S POISON IVY CHAPPING HIVES HEAT RASH Amoslng Zemacet starts to relieve II these problems In seconds, hills germs that spread infection. . IIMACOl Medicated. Lotion works two ways! On surface Of skin, its antiseptic medication prevents spread of infec tion, reduces irritation, redness, speeds . healing. Just under surface of skin, It stops Itching with effect of a local anesthetic. Quick-drying, invisible, greaseless. Honey back guarantee. Get Zemacol from your druggist today. A leading woman banker tells how you can save Has Your Lifetime e, ' - By MARY G. ROEBLING President and Chairman of the Board, Trenton (N. .) Trust Company; IF your family is at all typical, chances are that you spend practically all if not all the money you earn each month. You may even have gotten into the habit of liv ing on next month's pay or find yourself dipping into your ever-dwindling savings. For some families, this may never present a problem. For most, however, there will come a time of reckoning a major illness, job layoff, or other emergency. Will you be ready for whatever the future brings? A family must think of the. future while living in the present, and many families do manage to save, even on relatively modest incomes. Obviously, to accomplish this re quires a carefully worked-out plan. In this article, I would like to suggest a plan, one that will entail only a few hours of your time each year. First, let me make a Very important point: the reason many family financial plans fail to work is because husband and wife do not share equally in the respon sibility. The family partnership of husband and wife should, in fact, operate like a busi ness partnership, with the two equally aware of the goals of the plan and the ad vantages to be gained by mutually agreed upon businesslike procedures. I will go even further than this and say that the wife, responsible as she is for many of the major family expenditures and also often the ultimate beneficiary of other items in the budget insurance, savings, even the home itself should assume the main re sponsibility for carrying out the goals of the family financial plan. The next step is to start making an estimate of your "net worth" the differ ence between what you own and what you owe so that you can see just how you stand financially. On a sheet of paper, list the family "assets" that is, all the things you own, including your bank savings (plus any unpaid interest due you), checking ac count, cash on hand, the market value of your stocks, bonds, and other investments, the cash value of your life insurance, the price you would get how if you sold your home, car, and other property. Also include the amount you may have in your com pany's pension plan or retirement program. Next, list your "liabilities" or debts that is, everything you owe in the form of loans, installment debts, unpaid bills, bal ance due on your mortgage, taxes not with - held, and other liabilities. Then subtract your total liabilities from your total assets to arrive at your net worth. Ideally, your net worth should increase every year. Authorities differ in their esti mates as to just how much, but to keep pace with the constantly shrinking value of the dollar would require an increase of at least 4 or 5 percent a year.' To what extent your net worth increases or decreases will, of course, depend to a good extent on how you manage your money from year to year. But how can you set up a good, simple budget? First, write down the amount of income you expect to receive during the coming year. Exclude taxes and any other deduc tions, of course, but be sure to include any money expected from interest, dividends, Christmas bonus, and so on. Then write down an estimate of all your ramify Weekly, May 14, INI s-TirT. mmw wmnmx for the emergencies and needs of tomorrow & Family a Finance Plan? as told to Carl Bakal Governor of the American Stock Exchange expenses for the whole year. Some of these will be relatively easy to figure on the basis of your past records or experience, and may be called "fixed" expenses. What you have left after subtracting your fixed expenses from your net income is the amount remaining for your day-to-day liv ing expenses, which include food, clothing, household operation, car maintenance and transportation, medical and dental bills, en tertainment, vacation, personal allowances, gifts, and so on. Once all your estimated expenses are down on paper, you can see where it is nec essary to shave costs. Food expenditures can only be. reduced to a certain point, and children must have new clothes periodi cally, but one way to keep down even these basic living expenses is by careful compari son shopping. A saving of only a few pen nies on items purchased regularly can add up to a considerable sum during the year. ' There are many other ways you can save. One way is to pay cash whenever pos sible. Finance charges, for example, often can add anywhere from 12 percent to 35 percent to the cost of an item. This is not to say that I am opposed to the use of credit: in fact, it is the lifeblood of American business, and few people could afford to buy a house or car or make other major purchases without its use. But it should be used judiciously and never be allowed to assume unrealistic proportions. One good rule-of-thumb is never to allow one's total debt (exclusive of that owed on a house or car) to exceed 15 percent of an nual income. I have not discussed savings in detail, but they should also be an important element in your financial plan. I realize that there are some families whose income is so low as to make it difficult, if not impossible, to save. Yet once the family's really basic needs such as food, housing, clothing, and medical care are adequately provided for, there should be some attempt to save for emergencies. Apart from this, the family should have at least one other savings account as an additional safety cushion and, more posi tively, to provide for certain anticipated fu ture needs education, a new home, a new car, and so on. As I've already intimated, and as un pleasant as it may sound, there also is the possibility that the wife some day may have to step into her husband's shoes. So she needs the practical experience that can come only with actual management Every wife should have an approximate idea of how much she would need to support herself and the children if she suddenly found it necessary to manage alone. In addition, she should have a record of and know the physical location of her husband's bankbooks, insurance policies, securities, property deeds, pensions, mort gages, loans, and debts, as well as his safe deposit box and will. Money, of course, does not necessarily make for a happy marriage and family life, but it is a key ingredient. Careful financial planning can do a lot to eliminate an impor tant source of family friction, make life easier for our loved ones, and ease our own . cares now and in the years to come. -""i"', llrS. l VaHs Atrtleee. An.: Cettw f aSeraea e"! "" ' ' 'EASE SEN ME "C'TIN0 FOlDERS INCLUDIN0 "H0LI0A m BRAZIL" S? rmUy Weakly, MavKIMl 17 1 BB BBB1 aMBa BB aBaJlal WORLD'S MOST EXCITING VACATION! YOURS.. . WITH VARIG'S NEW LOW EXCURSION FARES gycgrwy'""!" ii)hjp'.hm.J ir!! Christ's lUtua al Rio. ONLY $45 DOWN Bitulii, modern wondai capital. Sun and Ian at Copaubana. for romantic 30-day excur- inne nn Variff's Surjer Con stellation Cruise Flights. From New York to Rio, tourist class round trip, regularly $740.20, now $450 or to Buenos Aires, regularly $878, now $480 ($48 down). Sablact to tmmmm oeereral mil V tRO nniAf M for 45 daV excursions on UnLT 39 UUlffll Varig's Boeing 707 Rolls Royce powered Intercontinental Jets. Nine non-stop hours New York to Rio tourist class round trip, regularly $790.20, t now $592.70t direct flights to Buenos Aires, regularly $934, t now $636 1 ($66 down), t Jet aurebarse Included. SPECIAL TOURS. Choose a complete vacation based on ex cursion fare savings. Sightsee Rio, swim at famous Copacabana Beach, thrill to the modern wonders of Brasilia, see booming Sao Paulo, splurge on bargains. Ask your travel agent about special through fares from your city.
